Summit Midstream (SMC) EBIT Margin (2023 - 2026)
Summit Midstream (SMC) reported EBIT Margin of -11.94% for Q3 2026, down 3.11 percentage points from -8.83% a year earlier but up 3.62 percentage points from the prior quarter.
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Analysis
Summit Midstream (SMC) EBIT Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Summit Midstream's EBIT Margin came in at -14.56%, up 2.18 percentage points year-over-year; for FY2025, it was -13.66%, up 22.87 percentage points from FY2024.
- By year, EBIT Margin came in at -36.53% in FY2024 (-28.72 pp) and -7.81% in FY2023.
- Five-year quarterly EBIT Margin spans a low of -71.40% in Q1 2024 and a high of -1.10% in Q3 2023.
- Year over year, EBIT Margin has now declined in each of the last three quarters, with an average year-over-year change of +7.37 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q1 2025 (a gain of 55.69 percentage points); the low point was Q4 2024 (a drop of 22.71 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -15.56% (Q2 2026), -16.55% (Q1 2026) and -14.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 10.14% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 35.25% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 11.09% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 25.60% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 7.50% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 19.58% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 31.02% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 40.94% |
| 10 | Summit Midstream | 622.23 Mn | 862.39 Mn | 123.27 Mn | -11.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.94% |
| Jun 30, 2026 | -15.56% |
| Mar 31, 2026 | -16.55% |
| Dec 31, 2025 | -14.91% |
| Sep 30, 2025 | -8.83% |
| Jun 30, 2025 | -15.48% |
| Mar 31, 2025 | -15.72% |
| Dec 31, 2024 | -30.55% |
| Sep 30, 2024 | -16.21% |
| Jun 30, 2024 | -22.47% |
| Mar 31, 2024 | -71.40% |
| Dec 31, 2023 | -7.84% |
| Sep 30, 2023 | -1.10% |
API Access
Summit Midstream EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=SMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();